According to this release put out by a friend of mine, Kraig Forbes, Managing Broker/Owner of Forbes Sotheby’s International Real Estate, there has been an increase in the number of sales of luxury homes in the Vail Valley for first quarter of 2010. According to Kraig, home prices in the valley are at the lowest point they have been since 2004; creating many great deals. If you are considering a second home purchase anywhere in the Vail Valley, now is the time to do it and Forbes Sotheby’s International Real Estate is the company to call. Ask for Kraig Forbes or Kevin Kenney. I highly recommend both of them.

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According to this article, with statistics from Coldwell Banker, sales of homes at over $1 million in Denver is were at the highest level in almost two years. This is very similar to what has been happening in the Marin County, California market.

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Well, this is a pretty short story, but I could not resist posting it. Apparently the Management of Lake Las Vegas Resort has announced that they are emerging from Chapter 11 bankruptcy and will resume land sales in different phases of the development. This is remarkable considering they just filed for protection back in June of 2008.

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